Do you think a personal loan needs too much effort ?
Getting a personal loan was never this easy
3 simple steps to get an instant personal loan online!
1 Check eligibility and select a personal loan plan
Fill in a few basic details to check your eligibility for PaySense instant personal loans and get a Credit Line. A Credit Line is the total amount of loan you can get from PaySense. To maintain EMIs better, it is recommended that you take a loan of only up to 50% of your approved line of credit. Once you get your Credit Line, you can choose the loan amount. Choose the best combination of loan duration and EMIs to select your loan plan.
1 Upload KYC Documents
To get your personal loan approval, you have to upload a few documents to complete your KYC. You are also required to sign the loan agreement and a NACH form to enable auto-deduction of EMIs. NACH stands for National Automated Clearing House is a centralised web-based payment system, regulated and supervised by Reserve Bank of India (RBI) for bulk money transactions. NACH form ensures that you don’t miss on your EMI payments and impact your credit score negatively. The best part – the entire process is paperless. Once you upload all required documents, you get an approval within 2 working hours.
3 Get your money
Once your personal loan is approved and the application procedure is complete, your money will be directly transferred to your account quickly. It is that easy to get instant personal loan with Faaastloans.
Over 6 Million + Happy Customers
To be eligible to get a personal loan from PaySense, you should fulfil the following eligibility criteria
- Resident of India
- Age: 21 years to 60 years
- Employment Type:Salaried and Self-employed
- Minimum Monthly Income: ₹ 12,000 forsalaried and ₹ 15,000 for self-employed
To get a personal loan instantly, you should keep some documents handy before you start applying.
- Proof of Identity
PAN Card or Aadhaar Card
- Proof of Address
Aadhaar card, Rental agreement, Utility or Postpaid bills
- Proof of Income
Last 3 months bank Statements
- A Selfie